Cahuc, Pierre; Zylberberg, André - Institute for the Study of Labor (IZA) - 1999
introduce a minimum wage in a coherent way, and to study its interactions with job protection policies. Our computational … Mortensen and Pissarides (1994) in order to get wage profiles with proper microfoundations. Then, it is shown that job … protection policies influence the wage distribution and that government mandated severance transfers from employers to workers …